Bloomberg In its first financial report since going public, Lyft Inc exceeded analysts’ sales expectations and assured investors that its hefty losses will decrease next year. The San Francisco-based company projected second-quarter revenue of $800 million to $810 million. Analysts were expecting $782 million, according to data compiled by Bloomberg. Sales grew 95 percent to $776 million in the first ...

Bloomberg Uber. Lyft. Pinterest. This year’s blockbuster tech IPOs have had real estate brokers in the San Francisco Bay area salivating over the prospect of fat commissions from home purchases by newly minted millionaires. But halfway through the housing market’s key spring selling season, there’s little indication that flush buyers are bidding up prices beyond their peak last year. In ...

Bloomberg South Korea said President Donald Trump supports the donation of food to North Korea through a UN agency, as the top US envoy noted the regime’s growing impatience with sputtering nuclear talks. Trump and South Korean President Moon Jae-in — who has tried to serve as a bridge between the US president and North Korean leader Kim Jong-un — ...